Evolved Apes
Rug PullNFT · born 2021 · ✝ 2021
'Evil Ape' minted out, then vanished with the treasury.
Evolved Apes was an NFT collection promising a fighting game built around its characters. Right after a successful 2021 mint, the anonymous developer known as 'Evil Ape' disappeared with roughly 798 ETH (~$2.7M), leaving the game unbuilt.
- Peak
- ~$2.7M raised
- Cause
- Rug Pull
- Year of death
- 2021
☠️ Cause of death
The anonymous developer drained the project's funds immediately after mint and abandoned all promised development.
📓 Lessons left behind
- —Anonymous teams can vanish the moment mint closes.
- —Roadmap promises mean nothing without locked funds.
- —Hold mint proceeds in transparent, milestone-gated escrow.
🌱 The idea that survived
Escrowed roadmaps
Spurred interest in milestone-based treasuries that release funds only as promised work ships.
#rug#nft#exit-scam#gaming